Inequality

Do We Need a ‘Great Reset’, or More Capitalism?

For many, capitalism needs to be reinvented. And yet it proved to be robust, innovative and enormously successful, especially during the pandemic. Thus, the idea of a “Great Reset” merely serves familiar anti-capitalist prejudices.

The Earned Income Tax Credit (EITC)—The Best Social Program in the World

Economists and researchers in the U.S. agree: the Earned Income Tax Credit helps millions of households stand on their own two feet. Work is rewarded, and with the help of this program, one million children have escaped child poverty.

Globalization Before and After the Covid-Pandemic: Should There Be a New Normality?

It is not globalization, nor the market economy, nor capitalism that is a danger and should be reformed; it is the policies that might provide the wrong, anti-market response to the pandemic that are the real danger precisely to the growth of prosperity in the world’s poorest countries.

Freedom to Choose: A Cure for Illiberal Education

Attempting neutrality in public education ends up creating a systemic preference for a particular ethical standpoint. This creates a tension between public schools and the principle of liberal neutrality. This tension can be resolved without abandoning government-financed education through policies that are both popular and effective.

Germany’s Poverty: Imported and Homemade

In Germany’s super-election year, the eternal debate about social justice is taking on even more teeth. One-sided interpretations are used by the Greens, SPD and Left Party to justify even more redistribution. The real causes are being concealed.

Thinking Economically: Only the Market and the Logic of Exchange Create Prosperity

Economics is not a zero-sum game. In exchange, both sides always benefit. Exchange is the soul of the market and creates added value, and does so in a way that benefits everyone involved. A plea for economic enlightenment.

The U.S. in Decadence? The Warning Signs Cannot Be Overlooked

The United States today exhibits characteristics of decadence that historians have considered instrumental in the decline or loss of power of earlier empires. A brief analysis.

Globalization: From a Christian Perspective, The Worldwide Driver of Innovation and Mass Prosperity

Globalisation is being attacked – from the left as well as from the right. But it is indispensable for overcoming poverty, as Philip Booth showed at the Austrian Academy 2020.

Has Liberalism Failed? Patrick Deneen’s Populist Anti-Liberalism: A Catholic Classical Liberal’s Response

In his book “Why Liberalism Failed” Patrick Deneen deals with all varieties of Liberalism. They are the fruit of a false image of man – an assertion which, however, proves to be questionable on closer inspection.

Has Liberalism Failed? A Response to Patrick Deneen (Short Version)

Has liberalism become a victim of its own success? A short version of the review and critique of Patrick Deneen’s book “Why Liberalism Failed.”

Fury vs. Freedom: The New Left-Right Conflict

Today, social debates are ignited from the political margins. When democracy is in crisis and social cohesion is crumbling, it is time for intellectuals to focus on the essentials. What is needed is an anti-totalitarian self-enlightenment from the political center.

Racial Accounting and the Galvanization of Group Rights in the U.S. – Not a Liberal Solution

To combat racial discrimination, government agencies in the U.S. keep a kind of accounting system based on race and ethnicity. Well-intentioned policies perpetuate divisions in society.